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China Business News 2023-02-20 16:12:16
Editor in charge: Hao Yunying
The “seesaw” relationship between U.S. stocks and U.S. bond yields has become a common sense rule, but it is now being broken. Short-term U.S. bond yields continued to rise, with the June U.S. bond yield exceeding 5% for the first time since 2007, while the tech-heavy Nasdaq also rose. What happened when US stock and US bond yields broke the “seesaw” rule?
What happened when US stock and US bond yields broke the “seesaw” rule?丨On the market
The “seesaw” relationship between U.S. stocks and U.S. bond yields has become a common sense rule, but it is now being broken. Short-term U.S. bond yields continued to rise, with the June U.S. bond yield exceeding 5% for the first time since 2007, while the tech-heavy Nasdaq also rose. What happened when US stock and US bond yields broke the “seesaw” rule?